Hello HODLers,

As you surely noticed, the Gas Fees on the Ethereum blockchain have reached very high costs, causing problems for developers and small investors.
While the Ethereum community is in turmoil over the discussion of the upcoming Ethereum Improvement Proposal, some developers are showing interest for a migration to other blockchains.
And this risk is more likely than ever as over 100 companies plans to move from Ethereum to Cardano blockchain, as revealed by Charles Hoskinson, founder and CEO of Cardano.

Cardano intends to become an Ethereum competitor in both the DeFi and NFT sectors.
Charles Hoskinson invited DeFi developers to join the Cardano blockchain: "You can take your DeFi and you can run it on my system for 1/100 to 1/1000 of the cost."
Meanwhile, the first NFTs on the Cardano mainnet were launched yesterday: CardanoKidz.

With these moves Cardano is a candidate to become a real competitor of Ethereum. Do you agree?

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